Trade Finance Operations

The Trade Finance Department at the Sudanese Egyptian Bank has a team of seasoned experts with high experience and solid skills. The team works in an environment equipped with the latest technology to provide the best solutions to importers. The team provides letters of credit, guarantees and complex business deals.

Letters of Credit: Management undertakes all types of letters of credit (domestic and foreign). Examples are: payment upon seeing, convertible, deferred payments, documentary and renewable.

Letters of guarantee: Thanks to its experience and distinguished approach, the management proposes the best formulas and methods for clients to protect their rights and interests in relation to all categories of guarantees. Examples of letters of guarantee include initial letters of guarantee (bid insurance), performance bond, and advance payments.

Documentary Collection Operations: The trade finance department collects withdrawal amounts based on the request of importers- exporters.